Nelson Van Denburg & Campbell Wealth Management Group LLC Sells 90 Shares of JPMorgan Chase & Co. (NYSE:JPM)

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Nelson Van Denburg & Campbell Wealth Management Group LLC cut its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 0.3% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 31,891 shares of the financial services provider’s stock after selling 90 shares during the quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC’s holdings in JPMorgan Chase & Co. were worth $3,752,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in JPM. Morse Asset Management Inc grew its holdings in shares of JPMorgan Chase & Co. by 1.5% in the second quarter. Morse Asset Management Inc now owns 5,781 shares of the financial services provider’s stock worth $646,000 after acquiring an additional 86 shares during the period. Harvey Investment Co. LLC grew its holdings in shares of JPMorgan Chase & Co. by 0.4% in the second quarter. Harvey Investment Co. LLC now owns 21,596 shares of the financial services provider’s stock worth $2,414,000 after acquiring an additional 90 shares during the period. TPG Financial Advisors LLC grew its holdings in shares of JPMorgan Chase & Co. by 4.5% in the third quarter. TPG Financial Advisors LLC now owns 2,104 shares of the financial services provider’s stock worth $248,000 after acquiring an additional 90 shares during the period. CMH Wealth Management LLC grew its holdings in shares of JPMorgan Chase & Co. by 0.4% in the second quarter. CMH Wealth Management LLC now owns 25,978 shares of the financial services provider’s stock worth $2,904,000 after acquiring an additional 95 shares during the period. Finally, West Oak Capital LLC grew its holdings in shares of JPMorgan Chase & Co. by 0.4% in the third quarter. West Oak Capital LLC now owns 24,399 shares of the financial services provider’s stock worth $2,872,000 after acquiring an additional 95 shares during the period. Institutional investors own 71.89% of the company’s stock.

Shares of NYSE JPM traded up $0.94 during mid-day trading on Wednesday, reaching $112.76. The company’s stock had a trading volume of 158,848 shares, compared to its average volume of 12,242,391. The firm has a market capitalization of $366.50 billion, a PE ratio of 12.54, a P/E/G ratio of 1.66 and a beta of 1.20. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.97 and a quick ratio of 0.97. The stock has a fifty day moving average of $113.74 and a two-hundred day moving average of $111.25. JPMorgan Chase & Co. has a 52 week low of $91.11 and a 52 week high of $120.40.

JPMorgan Chase & Co. (NYSE:JPM) last released its quarterly earnings data on Tuesday, July 16th. The financial services provider reported $2.82 earnings per share for the quarter, topping analysts’ consensus estimates of $2.50 by $0.32. The firm had revenue of $28.83 billion during the quarter, compared to analyst estimates of $28.52 billion. JPMorgan Chase & Co. had a return on equity of 14.40% and a net margin of 24.73%. The business’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.29 earnings per share. Analysts anticipate that JPMorgan Chase & Co. will post 9.86 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Friday, October 4th will be paid a $0.90 dividend. This is a positive change from JPMorgan Chase & Co.’s previous quarterly dividend of $0.80. The ex-dividend date is Thursday, October 3rd. This represents a $3.60 dividend on an annualized basis and a dividend yield of 3.19%. JPMorgan Chase & Co.’s dividend payout ratio is 40.00%.

Several analysts recently commented on the company. Royal Bank of Canada set a $120.00 price objective on JPMorgan Chase & Co. and gave the stock a “buy” rating in a report on Monday. UBS Group lifted their price objective on JPMorgan Chase & Co. from $125.00 to $131.00 and gave the stock a “buy” rating in a report on Thursday, October 3rd. Buckingham Research lowered JPMorgan Chase & Co. from a “buy” rating to a “neutral” rating and set a $122.00 price objective for the company. in a report on Monday, September 16th. They noted that the move was a valuation call. Deutsche Bank reissued a “neutral” rating on shares of JPMorgan Chase & Co. in a report on Friday, June 28th. Finally, Wells Fargo & Co set a $125.00 price target on JPMorgan Chase & Co. and gave the company a “buy” rating in a report on Friday, August 16th. Twelve investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. JPMorgan Chase & Co. has an average rating of “Hold” and an average target price of $122.37.

In other news, insider Lori A. Beer sold 13,341 shares of the company’s stock in a transaction dated Wednesday, July 17th. The stock was sold at an average price of $114.28, for a total value of $1,524,609.48. Following the completion of the transaction, the insider now owns 10,130 shares of the company’s stock, valued at $1,157,656.40. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Mellody L. Hobson acquired 18,200 shares of the company’s stock in a transaction dated Thursday, August 8th. The stock was acquired at an average cost of $109.91 per share, with a total value of $2,000,362.00. Following the purchase, the director now owns 7,804 shares of the company’s stock, valued at $857,737.64. The disclosure for this purchase can be found here. Corporate insiders own 0.76% of the company’s stock.

JPMorgan Chase & Co. Profile

JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit card, payment processing, auto loan, and leasing services.

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Institutional Ownership by Quarter for JPMorgan Chase & Co. (NYSE:JPM)

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